Co-Diagnostics Announces Reverse Stock Split
Market Intelligence Analysis
AI-PoweredCo-Diagnostics, Inc. has announced a 1-for-30 reverse stock split to become effective on January 2, 2026, which may lead to increased stock price and reduced share count, potentially improving the company's market appearance.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Co-Diagnostics, Inc. (Nasdaq: CODX) ("Co-Dx" or "the Company"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, today announced that it has filed a Certificate of Amendment to its Certificate of Incorporation (the "Amendment") to effect a reverse stock split of its common stock at a ratio of 1-for-30 shares. The reverse stock split will become effective at 12:01 a.m. ET on Friday, January 2, 2026. Co-Dx's common stock will conti
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